Yonhap News AgencyMarch 13, 2013 01:46
SEOUL, March 13 (Yonhap) -- The free trade deal between South Korea and the United States has helped boost bilateral trade, but a trade row may arise down the road due to unresolved issues, a report said Wednesday.
After years of hard negotiations and ratification procedures, the free trade agreement, dubbed the "KORUS FTA," went into effect on March 15 last year, following a similar deal with the European Union that took effect in July 2011.
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